Here in the Louisville, KY metro area, on Sunday with widespread electrical outages, the stations that WERE open and able to pump gas had lines...because the electrical utilities were telling customers that, because of widespread damage from downed trees and limbs--worse than the '74 tornado, according to Louisville Gas & Electric--it might be 10 days to 2 weeks before everyone's power was restored.
And gasoline companies fed the frenzy by telling folks that their terminals were without electricity, so they couldn't load any tankers...and that the Gulf Coast states were also shut down, so no supplies would be forthcoming from there for about two weeks. So some stations ran out.
But by Tuesday here, most stations were open and pumping gas as usual, and all the panic buying did was create spot shortages. It's just that the oil suppliers fed the frenzy, and apparently made good money at it, since gas in the metro was/is at $4.15 while in the fringe areas it's "only" $3.99.
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